Reading Time: 4 Minutes Hey guys! How y’all doing! And how’s those new year resolutions coming along? Keep going! I’ve added a new one to our list – we have to find a new place to live. Pronto. Not by choice you see, but because we have this crazy neighbour next door who has been causing malicious property damage on our apartment level. The guy thought it was a good idea to start hammering and drilling through the tiles and walls of our common area in the wee hours of the morning. Apparently he’s always been a bit unstable but it’s only in the last couple of weeks where his…
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FIRE Has Reached Our Shores…
Reading Time: 6 Minutes Hey guys! It’s finally here – FIRE has gone mainstream! How mainstream you say? Well, business insider covered an article on it (here) which starts off with: “The Financially Independent, Retire Early (FIRE) movement, strong among millennials in the US, has reached Australia. The goal of an early retirement is becoming popular among young people who don’t like what they see in the future, with healthcare and state-funded pensions crumbling, and aren’t that keen on the idea of a career for life”. That’s right, MILLENNIALS FTW MUTHACHUCKAS! We’re different from other generations in that the old, traditional race of working 40 hours a week for 40…
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Back at work I had a Light Bulb Moment, well Two Really…
Reading Time: 7 minutes Hey guys! How’s it all going? Brrrr it’s so very, very wet and cold here in Old Sydney Town, you’d be forgiven to think that winter is coming with the freezing rain and icy winds. Man, I wish I was back in China! Unfortunately I am back, but not in China you see – back at work. Sigh, that’s what happens to us 9to5er’s ain’t it, we’re only allowed 4 weeks a year to venture outside and see the world. Those precious 4 weeks of annual leave is what generates our… William Wallace voice on FREEEEEEEDOM!!! William Wallace voice off Suffice to say I’ve had many…
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Which Financial Level Are You?
Reading Time: 9 minutes Hey guys! How y’all doing? Hope you been enjoying the weekend – plenty of glorious sunshine out there! MrsFrugalSamurai certainly did, for she went out for a hike with friends to the famous Wedding Cake Rock whilst I ran around throwing my weight around on the field (as a referee). During one of our breaks, I sat down to have a chat with a couple of my fellow refs. Soon enough, the conversation gravitated towards our normal day jobs – one was a doctor, another a self-employed jeweler and the youngest of us, still a student. “You guys are all level 99’s!” said the student at the end…
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An Example of the Power of Compound Interest…
Reading Time: 4 minutes Hola! How’s it going ladies and gentlemen? Are we all enjoying our Wednesday night! I know, I know – there’s not too much to do on a Wednesday right. Seems like hump day is just a prelude to “getting it over with” and waiting for TGIF. But you know, there’s so much more to what can be achieved each passing day. Never underestimate the power of compound interest and incremental changes! Here, take this example I was discussing with my work colleagues today. Now, a bit of background – we work in financial services within a fairly large institution. One might even call it a “bank”,…
